Solace Power Overview

  • Year Founded
  • 2007

Year Founded

  • Status
  • Private

  • Employees
  • 65

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 9

Solace Power General Information

Description

Developer of an electric field-based technology designed for wireless charging. The company's technology provides non-contact, wireless powering and charging of products and systems through resonant electric fields, enabling industries with reliable, convenient and efficient power options for various products and systems.

Contact Information

Website
www.solace.ca
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1118 Topsail Road
  • Suite 201
  • Mount Pearl, Newfoundland and Labrador A1N 5E7
  • Canada
+1 (709)
Primary Industry
Electrical Equipment
Vertical(s)
Corporate Office
  • 1118 Topsail Road
  • Suite 201
  • Mount Pearl, Newfoundland and Labrador A1N 5E7
  • Canada
+1 (709)

Solace Power Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Solace Power Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Later Stage VC 14-May-2025 Completed Generating Revenue
10. Accelerator/Incubator Completed Generating Revenue
9. Later Stage VC 17-Jan-2024 Completed Generating Revenue
8. Later Stage VC 22-Dec-2023 Completed Generating Revenue
7. Secondary Transaction - Private 11-Dec-2020 Completed Generating Revenue
6. Later Stage VC 18-Jul-2019 Completed Generating Revenue
5. Accelerator/Incubator 10-May-2019 Completed Generating Revenue
4. Later Stage VC 28-Jun-2017 Completed Generating Revenue
3. Grant 16-Jun-2017 $2.79M Completed Generating Revenue
2. Angel (individual) Completed Generating Revenue
To view Solace Power’s complete valuation and funding history, request access »

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Solace Power Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an electric field-based technology designed for wireless charging. The company's technology provides non-co
Electrical Equipment
Mount Pearl, Canada
65 As of 2025

Neve Ilan, Israel
 

Watertown, MA
 
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Solace Power Competitors (11)

One of Solace Power’s 11 competitors is Powermat, a Venture Capital-Backed company based in Neve Ilan, Israel.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Powermat Venture Capital-Backed Neve Ilan, Israel
WiTricity Venture Capital-Backed Watertown, MA
Reach (Electrical Equipment) Venture Capital-Backed Redwood City, CA
Schneider Electric (Electrical Equipment) Formerly VC-backed Rueil Malmaison, France
Philips Saudi Lighting Formerly PE-Backed Riyadh, Saudi Arabia
You’re viewing 5 of 11 competitors. Get the full list »

Solace Power Patents

Solace Power Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20250158267-A1 Radome and method of heating a surface of a radome Pending 09-Nov-2023
US-20250105670-A1 Wireless power transfer system, and transmitter and receiver therefor Pending 22-Sep-2023
US-20250038513-A1 Overvoltage/current detection and protection in a wireless power system Pending 25-Jul-2023
US-20240356387-A1 Wireless power transmitter module and controller Pending 21-Apr-2023
US-20240348100-A1 Wireless power transfer system Pending 13-Apr-2023 H02J50/12
To view Solace Power’s complete patent history, request access »

Solace Power Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Solace Power Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
Boeing Corporation Minority
Moonshot Ventures Impact Investing Minority
Gentex Corporation Minority
Plug and Play Tech Center Accelerator/Incubator Minority
Lockheed Martin Corporation Minority
You’re viewing 5 of 9 investors. Get the full list »

Solace Power FAQs

  • When was Solace Power founded?

    Solace Power was founded in 2007.

  • Where is Solace Power headquartered?

    Solace Power is headquartered in Mount Pearl, Canada.

  • What is the size of Solace Power?

    Solace Power has 65 total employees.

  • What industry is Solace Power in?

    Solace Power’s primary industry is Electrical Equipment.

  • Is Solace Power a private or public company?

    Solace Power is a Private company.

  • What is Solace Power’s current revenue?

    The current revenue for Solace Power is .

  • How much funding has Solace Power raised over time?

    Solace Power has raised $16.1M.

  • Who are Solace Power’s investors?

    Boeing, Moonshot Ventures, Gentex, Plug and Play Tech Center, and Lockheed Martin are 5 of 9 investors who have invested in Solace Power.

  • Who are Solace Power’s competitors?

    Powermat, WiTricity, Reach (Electrical Equipment), Schneider Electric (Electrical Equipment), and Philips Saudi Lighting are some of the 11 competitors of Solace Power.

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